Nigeria: Cinematographic Camera Market 2025

Cinematographic Camera Market Size in Nigeria

The Nigerien cinematographic camera market expanded slightly to $X in 2022, increasing by 2.1% against the previous year. Over the period under review, consumption, however, enjoyed a resilient increase. Cinematographic camera consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Cinematographic Camera Production in Nigeria

In value terms, cinematographic camera production totaled $X in 2022 estimated in export price. Overall, production continues to indicate prominent growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 65% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Cinematographic Camera Exports

Exports from Nigeria

After two years of decline, shipments abroad of cinematographic cameras for film increased by 233% to X units in 2022. Over the period under review, exports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of 443% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, cinematographic camera exports surged to $X in 2022. Overall, exports, however, recorded a deep reduction. The growth pace was the most rapid in 2019 with an increase of 190% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa (X units), Benin (X units) and the Netherlands (X units) were the main destinations of cinematographic camera exports from Nigeria, together comprising 60% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Benin (with a CAGR of +9.1%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Benin ($X) and Niger ($X) were the largest markets for cinematographic camera exported from Nigeria worldwide, with a combined 58% share of total exports.

Among the main countries of destination, Benin, with a CAGR of +32.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cinematographic camera export price amounted to $X per unit, with a decrease of -59.7% against the previous year. Over the period under review, the export price recorded a slight downturn. The pace of growth was the most pronounced in 2014 an increase of 290%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+23.8%), while the prices for the other major destinations experienced mixed trend patterns.

Cinematographic Camera Imports

Imports into Nigeria

In 2022, cinematographic camera imports into Nigeria reduced sharply to X units, with a decrease of -39.7% on 2021 figures. Overall, imports recorded a slight reduction. The growth pace was the most rapid in 2021 when imports increased by 170% against the previous year. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, cinematographic camera imports declined to $X in 2022. In general, imports, however, posted a temperate increase. The most prominent rate of growth was recorded in 2014 with an increase of 218%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest cinematographic camera supplier to Nigeria, with a 32% share of total imports. Moreover, cinematographic camera imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was taken by Denmark (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +34.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.7% per year) and Denmark (-8.7% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of cinematographic cameras for film to Nigeria, comprising 38% of total imports. The second position in the ranking was taken by Denmark ($X), with a 15% share of total imports. It was followed by the United States, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled +61.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+34.8% per year) and the United States (-2.6% per year).

Import Prices by Country

The average cinematographic camera import price stood at $X per unit in 2022, picking up by 48% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cinematographic camera import price increased by +66.8% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 110% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+47.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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